In the aggregate production function Y = A , real business cycle theory treats ________ as the key independent variable.
A) potential output
B) productivity
C) the capital stock
D) the labor input
Question 2
Under fiscal stabilization policy in the New Keynesian model, after a negative shock to output,
A) the government increases expenditures and the central bank increases the money supply.
B) the government increases expenditures and the central bank decreases the money supply.
C) the government decreases expenditures and the central bank increases the money supply.
D) the government decreases expenditures and the central bank decreases the money supply.
Went and Briggs demonstrated the relationship between light perception and auxin function.
Worldviews Theory
Converting cubic graph to function
Structure and function of the gills of a bony fish.
Life cycle of Rhizopus stolonifer, a black bread mold